Millions in Health Costs Will Be Saved by Generic Gleevec

This article originally appeared here.
Share this content:
Millions in Health Costs Will Be Saved by Generic Gleevec
Millions in Health Costs Will Be Saved by Generic Gleevec

FRIDAY, March 18, 2016 (HealthDay News) -- Using the generic version of the cancer drug Gleevec could save patients and insurers millions of dollars, according to a study published online March 4 in the Journal of the National Cancer Institute.

The patent on Gleevec expired in January. The generic version of the drug is imatinib.

The researchers calculated that if all chronic myeloid leukemia patients began receiving imatinib immediately after diagnosis, the cost of treatment per patient over five years would be nearly $100,000 less than with Gleevec. They also concluded that the use of imatinib instead of Gleevec would save a health insurer with 100 chronic myeloid leukemia patients more than $9 million over five years.

"If we start all patients on the generic form of Gleevec and it works, then they are on a generic for the rest of their lives," study leader William Padula, Ph.D., an assistant professor at the Johns Hopkins Bloomberg School of Public Health in Baltimore, said in a school news release. "This amounts to a huge cost savings for them and their insurers."

Several authors disclosed financial ties to pharmaceutical companies with a vested interest in the chronic myeloid leukemia market.

Abstract
Full Text

Share this content:

is free, fast, and customized just for you!

Already a member?

Sign In Now »

Drug Lookup

Browse drugs by: BrandGenericDisease

Trending Activities

All Professions



Sign up for myCME e-newsletters


More in Home

Pharmacists Should Counsel Patients Fasting for Ramadan

Pharmacists Should Counsel Patients Fasting for Ramadan

Pharmacists can suggest adjustments for meds taken several times per day, those affected by food intake

AUA: Many Have Unused Opioids After Urologic Procedures

AUA: Many Have Unused Opioids After Urologic Procedures

Patients use just over half of initial prescription; highest percentage of unused meds for cystectomy

Over Half of Young Adult Smoke Volume Exposure From Hookahs

Over Half of Young Adult Smoke Volume Exposure ...

Toxicant exposure to tar, carbon monoxide, nicotine lower, but still substantial, compared to cigarettes

is free, fast, and customized just for you!

Already a member?

Sign In Now »